John Terry has vowed to clear his name after he was accused of racially abusing Anton Ferdinand.

The England and Chelsea captain is preparing to fight his corner after internet and social networking users appeared to launch a smear campaign against him.

The defender is also prepared to walk into the FA and state his case if necessary after becoming increasingly angry with the allegations, which surfaced after his club’s 1-0 loss at QPR.

Flashpoint: Anton Ferdinand and John Terry squared up during game but the Chelsea captain has strongly denied accusations of making racist comments

Police have said they are investigating the allegations after a complaint from a member of the public.

But, speaking exclusively to Sportsmail, he said: ‘I’ll do whatever it takes to clear my name and I don’t have anything to hide. I’m not taking that level of abuse.

‘Anton and I spoke for 10 minutes in the dressing room after the game and there is no issue between us. It’s finished.’

Terry asked Ferdinand for an explanation after he believed the QPR defender had accused him of racism.

Around
10 players, including Chelsea left back Ashley Cole, were present
during Terry’s dressing-room talk with Ferdinand. It is understood that
it finished with the players high-fiving each other and embracing.

Terry’s
legal team are expected to take a witness statement from team-mate
Ashley Cole as he prepares to mount a potential defence.

And sources told Sportsmail that
Ferdinand is giving serious consideration to making a formal complaint
against Terry, although the former Sunderland defender was understood to
want to sleep on the decision before a specially arranged meeting at
QPR’s Harlington training ground.

Making his point: Terry argues with Chris Foy after he awarded QPR a penalty

Ferdinand will be joined by manager Neil Warnock and an adviser at the meeting.

A Scotland Yard spokesman said on Monday night: 'We can confirm policehave been notified of an incident on Sunday, October 23 involving alleged racial abuse. This is currently being assessed by officers from Hammersmith and Fulham.'

Although
Terry is protesting his innocence, it did not stop the internet rumours
engulfing the 30-year-old. Scores of amateur lip-readers have posted
the flashpoint on YouTube, adding speech bubbles and the offending words
during the clash.

But
Terry is furious at allegations suggesting he called the QPR defender a
‘black ****,’ during the stormy match at Loftus Road.

Although
he does not deny using those words, he insists they have been taken out
of context after he was convinced Ferdinand accused him of a racist
remark.

Instead Terry
spoke to the 26-year-old in the dressing room to say the full version
was: ‘Oi, Anton, do you think I called you a black ****?’

Another run-in: Terry argues with Tommy Smith later in the match at Loftus Road

Head to head: Terry also squared up to QPR goalkeeper Paddy Kenny

PFA
representative Bobby Barnes spoke to QPR players who were close to the
incident. He is expected to make his representations to the PFA, but
chief executive Gordon Taylor is coming under growing pressure to
intervene.

Sportsmail also
understands the FA are reluctant to act unless an official complaint
arrives from QPR with any evidence. The governing body are awaiting the
outcome of the club’s meeting with Ferdinand before deciding whether
they will need to act.

Terry
made a point, in his statement denying the allegations, of referring to
the racial diversity of Chelsea’s squad and the incident was discussed
extensively among certain players at the club’s Cobham training ground.

Big turnout: Terry denies he was due to attend the opening of Reptile Kingdom in Surbiton

Some of them were still talking about it as Andre Villas-Boas tried to put the 1-0 defeat behind them.

Terry did not train with the first team after being given the option by the Chelsea chief to work in the gym.

The
fall-out from the defeat continued among other players as John Mikel
Obi and Didier Drogba had another heated discussion. Drogba, sent off
for a bad tackle, motioned to Mikel to ‘be quiet’ as he left the field.
Mikel repeated the gesture as the pair clashed again.

Lots to handle: Terry has the big task of rallying his team before the visit of Arsenal

Terry has also denied that he was due to attend the opening of the Reptile Kingdom pet shop in Surbiton on Monday.

He insisted he had never been available because it was the first day of
half-term and he had a chance to be with his children.

He
said in a statement: ‘I had not agreed to attend the opening of this or
any other shop today. I had been asked if I would consider the
opportunity and declined on two separate occasions.’